PT. MNC SkyVision Tbk (MSKY) planned to repurchase (Buyback) the shares that been issued by the Company and listed on PT. Indonesia Stock Exchange (Stock Exchange).

The share amount to be bought back was 5% (five percent) of the paid-up capital of the Company, or maximum amounting to 353,194,300 (three hundred fifty three million one hundred ninety four thousand three hundred) shares, or with the buyback value as high as Rp 636 billion assuming the average buyback price was Rp 1,800, - (one thousand eight hundred rupiah) per share, including broker dealer costs and other expense related to the buyback.

The buyback was planned for 18 (eighteen) months right after the Company obtained the approval from Extraordinary General Meeting (EGM), starting from July 28th, 2015 until January 28, 2017.

The share repurchase will be carried out either through Stock Exchange or the other option. The Company has appointed PT. MNC Securities (affiliated) as a securities broker dealer.

In order to obtain the approval from shareholders of the Company, related to the repurchasing plan as required by the regulation No. XI.B.2, the Company will hold the Extraordinary General Meeting of Shareholders on Monday, July 27, 2015.